| Schedule of Intangible assets |
A reconciliation of the beginning and ending balances of intangible assets and accumulated amortization during the six months ended June 30, 2021 and intangible assets, net as of December 31, 2020, are as follows:
|
|
Definite Life Intangibles |
|
|
Indefinite Life Intangibles |
|
|
|
|
|
|
Branding |
|
|
Technology/ |
|
|
Brands & |
|
|
|
|
(in thousands) |
|
Rights |
|
|
Know How |
|
|
Tradenames |
|
|
Total |
|
Costs |
|
|
|
|
|
|
|
|
|
|
|
|
Balance—December 31, 2020 |
|
$ |
250 |
|
|
$ |
208 |
|
|
$ |
408 |
|
|
$ |
866 |
|
Business acquisition |
|
|
- |
|
|
|
3,050 |
|
|
|
37,299 |
|
|
|
40,349 |
|
Agreement termination |
|
|
(250 |
) |
|
|
- |
|
|
|
- |
|
|
|
(250 |
) |
Balance—June 30, 2021 |
|
$ |
- |
|
|
$ |
3,258 |
|
|
$ |
37,707 |
|
|
$ |
40,965 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accumulated Amortization |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance—December 31, 2020 |
|
$ |
(93 |
) |
|
$ |
(37 |
) |
|
$ |
- |
|
|
$ |
(130 |
) |
Agreement termination |
|
|
98 |
|
|
|
- |
|
|
|
- |
|
|
|
98 |
|
Amortization |
|
|
(5 |
) |
|
|
(9 |
) |
|
|
- |
|
|
|
(14 |
) |
Other |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Balance—June 30, 2021 |
|
$ |
- |
|
|
$ |
(46 |
) |
|
$ |
- |
|
|
$ |
(46 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Book Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2021 |
|
$ |
- |
|
|
$ |
3,212 |
|
|
$ |
37,707 |
|
|
$ |
40,919 |
|
Net Book Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2020 |
|
$ |
157 |
|
|
$ |
171 |
|
|
$ |
408 |
|
|
$ |
736 |
|
|
|
|
Definite Life Intangibles |
|
|
Indefinite Life Intangibles |
|
|
|
|
|
|
Branding |
|
|
Customer |
|
|
Technology/ |
|
|
Other |
|
|
Brands & |
|
|
|
|
(in thousands) |
|
Rights |
|
|
Relationships |
|
|
KnowHow |
|
|
Intangibles |
|
|
Tradenames |
|
|
Total |
|
Costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance—December 31, 2019 |
|
$ |
250 |
|
|
$ |
40 |
|
|
$ |
421 |
|
|
$ |
40 |
|
|
$ |
522 |
|
|
$ |
1,273 |
|
Business acquisition |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
179 |
|
|
|
179 |
|
Purchase price adjustment |
|
|
- |
|
|
|
(40 |
) |
|
|
(213 |
) |
|
|
(40 |
) |
|
|
(293 |
) |
|
|
(586 |
) |
Balance—December 31, 2020 |
|
$ |
250 |
|
|
$ |
- |
|
|
$ |
208 |
|
|
$ |
- |
|
|
$ |
408 |
|
|
$ |
866 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accumulated Amortization |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance—December 31, 2019 |
|
$ |
(76 |
) |
|
$ |
(8 |
) |
|
$ |
(28 |
) |
|
$ |
(8 |
) |
|
$ |
- |
|
|
$ |
(120 |
) |
Purchase price adjustment |
|
|
- |
|
|
|
12 |
|
|
|
30 |
|
|
|
12 |
|
|
|
- |
|
|
|
54 |
|
Amortization |
|
|
(17 |
) |
|
|
(4 |
) |
|
|
(39 |
) |
|
|
(4 |
) |
|
|
- |
|
|
|
(64 |
) |
Balance—December 31, 2020 |
|
$ |
(93 |
) |
|
$ |
- |
|
|
$ |
(37 |
) |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
(130 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Book Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2019 |
|
$ |
174 |
|
|
$ |
32 |
|
|
$ |
393 |
|
|
$ |
32 |
|
|
$ |
522 |
|
|
$ |
1,153 |
|
December 31, 2020 |
|
$ |
157 |
|
|
$ |
- |
|
|
$ |
171 |
|
|
$ |
- |
|
|
$ |
408 |
|
|
$ |
736 |
|
|
| Schedule of Goodwill |
A reconciliation of the beginning and ending balances of goodwill during the six months ended June 30, 2021 is as follows:
(in thousands) |
|
|
|
Costs |
|
|
|
Balance - December 31, 2020 |
|
$ |
357 |
|
Additions |
|
|
- |
|
Business Acquisitions |
|
|
- |
|
Impairment |
|
|
- |
|
Balance - June 30, 2021 |
|
$ |
357 |
|
|
(in thousands) |
|
|
|
Costs |
|
|
|
Balance—December 31, 2019 |
|
$ |
357 |
|
Additions |
|
|
- |
|
Business Acquisitions |
|
|
- |
|
Impairment |
|
|
- |
|
Balance—December 31, 2020 |
|
$ |
357 |
|
|